UDPL has very strong fundamentals (P/E: 2.3, EPS: ~30)
Its a dividend paying stock as well.
It is building cup and handle formation with the channel top line working as major resistance.
It took a correction from Fib 0.786 level of previous all-time high.
Once 80 (Channel top line) is broken, we can see it moving towards 91 which is its previous all-time high.
Ultimate targets are shown in the chart.
Monthly RSI is ~70 and ADX in 30s, showing a building momentum.
Its not a buy / sell call, just my personal opinion.
Its a dividend paying stock as well.
It is building cup and handle formation with the channel top line working as major resistance.
It took a correction from Fib 0.786 level of previous all-time high.
Once 80 (Channel top line) is broken, we can see it moving towards 91 which is its previous all-time high.
Ultimate targets are shown in the chart.
Monthly RSI is ~70 and ADX in 30s, showing a building momentum.
Its not a buy / sell call, just my personal opinion.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.